VW and Bosch team up to boost Europe's battery ambitions

VW Bosch battery joint venture — VW and Bosch executives sign a memorandum of understanding for their battery joint venture. Pictured at the front, from left, are: VW technology chief Thomas Schmall; VW head of battery Frank Blome; VW head of battery cell operations Sebastian Wolf. On the screen behind are, from left, Bosch general manager manufacturing solutions Guenter Krenz; Bosch board member Rolf Najork; Bosch management board assistant Aemen Bouafif. (Kai-Uwe Knoth)

By:

Reuters

January 18, 2022 03:15 PM

BERLIN -- Volkswagen and Robert Bosch plan to set up a joint venture by the end of this year to equip battery cell factories and help make Europe self-sufficient in battery production.

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